Simple IOU
Simple IOU (I Owe You)
I. Details of Debt
This agreement is made on this [Date], between [Your Name] (hereinafter referred to as the "Debtor") and [Friend's Name] (hereinafter referred to as the "Creditor").
The Debtor acknowledges owing the sum of $ [Amount Owed] to the Creditor for covering dinner expenses on [Date of Expense].
II. Repayment Terms
The Debtor agrees to repay the owed amount in full by [Day of the Week], which is on or before [Date].
III. Acknowledgment of Debt
The Debtor acknowledges the debt owed to the Creditor and pledges to fulfill the repayment obligations as outlined in this agreement.
IV. Signatures
In witness thereof, the Parties hereto have executed this IOU Agreement as of the date first above written.
[Your Name]
Debtor
[Creditor's Name]
Creditor
